Raymond James Financial has launched a new algorithmic trading platform, dubbed Raymond James Electronic Trading (RJET), that targets more than 1,000 institutional clients, including buy-side firms, hedge funds, and long only funds, officials say. “Equity trading continues to shift toward electronic channels, especially in the wake of unbundling among some of the largest asset managers… Read More >>
U.K. Specialist Firm Embraces ‘Recs as a Service’
Genesis Investment Management Deploys Watson Wheatley Service London-based Genesis Investment Management, a specialist investment management firm, is the first official customer of reconciliation vendor Watson Wheatley’s “reconciliation as a service” offering, according to officials at the firm and the vendor. The new offering from Watson Wheatley leverages the audit controls and automation of the iRecs… Read More >>
